FINANCE. TAXES. CREDIT УДК 336.76 1Ternopоl National Economic University, Research ID : http://www.researcherid.com/rid/G-6741-2017 STRESS INDEX IN UKRAINE’S MARKET OF NEGOTIABLE FINANCIAL INSTRUMENTS Market of negotiable financial instruments is an immanent component of the financial system and is in a two-way relationship with other financial institutions and real sector of the economy in terms of ensuring its stable functioning. Possible market shocks can adversely affect state of the economy; therefore regulators should carry out constant market surveillance to detect and prevent early possible market violations, by calculating (in particular) the composite stress index. Keywords:market of negotiable financial instruments, financial stress index, volatility, market liquidity, securities, derivatives
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